MCX Cup and handle pattern. Break Out confirm. Check for high volumes.
Gold price remains pressured at the lowest level in a fortnight while justifying the previous day’s downside break of a three-week-old rising support line, now immediate resistance. It’s worth noting, however, that the cautious mood ahead of this week’s key US data/events joins the oversold RSI conditions and an upward-sloping support trend line from early April...
Maruti Time frame : Weekly Remarks : Consolidating near extension as well as looks like completion of wave 3. At rsi also moving below 50 & at this time new addition doesn't makes much sense. Let it retrace to parallel channel 50% band that 23% retracement of fibonacci. Mostly it should slip in comin weeks Regards, Ankur Singh
NLCIndia looks all set to form a flag pattern and then see some blast off. The fundamentals of this stock look ok as well. A 10% move can be expected. Please do your own research. I am just posting as I am learning.
Fundamentally Good, Technically Promising - Swing Trade opportunity has gone however we can still expect some positional gains.
ISMT is giving a good opportunity for a fast paced Swing surge. The price structure is tight, volumes are held back. Overall trend has been up. With so many probabilities lining up along with a risk of 4% from entry. I believe we can put a trade going. Unless there is a gap up or gap down that spoils the party. Trade safe.
Bata India is consolidating and forming a flag pattern on 4 hour chart. We can expect target of 1600+ with SL 1380.
Gabriel India is forming a great cup and break out structure. The fundamentals are good. The analyst ratings are high with lots of Buy calls. Decent future prospects for this company. Disclaimer : I am not SEBI registered and please do your Due Diligence. All the best!
The rise across is Dollar and not the pound fall. If that is the interpretation then read this. Risk Reward is not commensurate to Short the GBP here. While the underlying tone remains weaker. Close will aid some more inputs. Clearly a range of 1.2610-1.2710 Old target of 1.2612 met. Now re-grouping and assertion. One move towards 1.2650-70 is not ruled...
NOT coin forms a bearish divergence at the 1HR TF enter at the market price and please use the stop at 0.166 than target was 0.153 DO YOUR OWN RESEARCH Not a financial advice
#360One Looking good in daily analysis. Interesting to watch
Good morning, friends! 🌺🍬 Here are the directions for June 27th: There is no significant difference compared to the previous session. The global market is showing a slightly negative sentiment, based on the Dow Jones. Our local markets are showing bullish sentiment. However, today, the market may open with a neutral to slightly gap-down start, as indicated by...
Reason for going long on HDFC: Ichimoku: HDFC stock has been sideways for years but is slowly turning bullish after hitting strong Ichimoku cloud support at 1350. It is now crossing the Tenkan-sen (TS) and Kijun-sen (KS) on the monthly chart. Fibonacci + Fib Channel: When we draw the Fibonacci channel and Fibonacci extension of swings, it looks like HDFC is...
Yesterday, Bank Nifty continued the rally. Both structures have the same extension variation, so there are no changes in the market sentiment. Today, GiftNifty is indicating a slightly negative start. If it opens like this, let's look at what might happen in Bank Nifty. >Structurally, it's a bullish market and both have an extension. According to the extension,...
No Trade zone between 23860 to 23960. if it breaks 23960 then we can see 24100 and if it breaks down 23860 then we can see 23680 level
The rally in this space has bigger headline events. 1. The RBI Dividend. 2. The Bond Inflows. 3. The Rush to the quality and safety. The bonding continues, elsewhere in the world, higher Dollar, Higher inflationary numbers despite the longer the rate cuts, will sure be looked at the cause of this sluggish inflation that is fiscal policies. It is clearly...
BankNifty made a new all-time high of 52,988.30 on the expiry day. Both the weekly and daily trends (50 SMA) are positive. Support Levels: Near Support/Demand Zone (15m) for intraday: 52,463 - 52,557 Near Support/Demand Zone (75m) for weekly trade: 52,015 - 52,189 Major Support/Demand Zone (Daily): 51,138 - 51,934 Currently, there is no supply/resistance zone...
Nifty bounced from the 5m demand zone mentioned in the last post and rallied to a new all-time high of 23,889.90. Both the weekly and daily trends (50 SMA) are positive. Support Levels: Near small support/demand zone (15m): 23,716 - 23,743 Near support/demand zone (75m) for weekly trade: 23,671 - 23,754 Major support/demand zone (75m): 23,562 - 23,611 Currently,...